The extension for cost & price management
SIMILIA TARGET COSTING
Control costs, improve pricing, make confident decisions
Analyze costs, secure pricing
With SIMILIA TARGET COSTING, you automatically compare prices and suppliers based on internal data.
This enables you to make informed purchasing decisions and ensure cost-efficient project planning.
Purchase efficiently – with reliable cost data
With SIMILIA TARGET COSTING, you quickly and transparently identify suitable prices and suppliers – based on internally available data from previously sourced, similar items. The solution consolidates extensive master data and performs automated BOM comparisons – enabling maximum price certainty and targeted purchasing decisions. Even for new projects or special solutions, well-founded target cost evaluations give you confidence in your pricing.
✔ Automated BOM & item comparison – Comparison of materials and components based on existing master data
✔ Clear price comparison – Display of similar items for better comparability
✔ Reference for cost estimation – Use of existing information to guide target cost decisions
✔ Reporting & documentation – Structured preparation of relevant data for procurement and management
✔ Best price overview – Display of current information on previous supplier prices for similar parts
Everything important at a glance. Clear and immediately applicable.
Learn how target costing helps you control costs strategically – find out more!
SIMILIA TARGET COSTING
The features in detail
Effiziente Stapelverarbeitung
Efficient batch processing
Mass data comparison
Check large volumes of data for geometric similarities in a single step.
Automatic similarity search
Find geometrically similar items quickly and reliably through batch processing.
Clear cost optimization
See at a glance where savings are possible in your BOMs.
SIMILIA AUTOMATION complements your existing SIMILIA AI foundation and is designed for company-wide deployment.
Seamless integration into your IT landscape
✔ Automated access to prices and item master data
No duplicate data maintenance – direct use of your current data base.
✔ Individually adaptable to purchasing and costing processes
Tailored to your specific requirements and guidelines.
✔ Secure in-house solution – no cloud
All data remains protected within your company – maximum security and confidentiality.
✔ Fast implementation at a fixed price
Clear project structure, transparent costs, quick results.
Experience how precise target cost analyses create transparency and enhance decision-making in costing and procurement.
Keep Target Costs Under Control with SIMILIA TARGET COSTING.
Frequently Asked Questions about SIMILIA TARGET COSTING
Can SIMILIA TARGET COSTING support the quotation process?
Yes. Similar parts, historical data and technical comparison information can help make the quotation process faster and more data-driven.
When should SIMILIA TARGET COSTING be used?
SIMILIA TARGET COSTING is particularly valuable in the early stages of development, quotation and decision-making processes, when costs can still be actively influenced.
How does SIMILIA TARGET COSTING support early cost decisions?
SIMILIA TARGET COSTING makes comparable parts and relevant cost information visible early in the development process. This allows potential cost savings to be assessed at an earlier stage.
How does SIMILIA TARGET COSTING support cost assessment?
SIMILIA TARGET COSTING helps companies use similar parts, historical cost information and technical data to assess costs earlier and with greater transparency.
Can SIMILIA TARGET COSTING compare similar parts?
Yes. The solution uses similarity information to identify comparable parts for cost assessment and calculation.
Can SIMILIA TARGET COSTING use existing cost calculation data?
Yes. Existing cost calculation, ERP and technical data can be incorporated, provided they are integrated and made available as part of the project.
Which departments benefit from SIMILIA TARGET COSTING?
Cost calculation, procurement, engineering, product development and sales teams in particular benefit from faster comparisons and better cost information.